GoldenSource to Exhibit at GARP's 11th Annual Risk Management Convention and Exhibition
By Goldensource, PRNEWednesday, February 3, 2010
NEW YORK, February 4 - GoldenSource Corporation, a leading provider of Enterprise Data
Management (EDM) solutions, will be exhibiting at the Global Association of
Risk Professional's 11th Annual Risk Management Convention and Exhibition on
February 8 - 10 in New York City's Marriott Marquis. The conference will
discuss best practices, strategies and challenges faced by risk
professionals.
As professionals try to identify the best risk management system for
their financial institution, many fail to realize that their infrastructure
is only going to be as good as the data filtering into it. Without clean,
timely data from which to conduct analysis, risk managers will struggle to
remove data silos and create golden copy master data that can be accessed
from across the organization. If lacking a clear view of both exposure to
risk and the collateral that can offset that risk, institutions will have a
difficult time regaining their status as a viable option for investors.
Neil Edelstein, vice president of client solutions at GoldenSource, who
brings more than 30 years of experience in the securities industry, will be
available for commentary. Edelstein can elaborate on best practices for
maximizing golden copy master data and data transparency to ensure optimized
risk management, such as:
- Delivering support for unique, structured products while maintaining a clear view. - Ensuring all underlying links and dependencies for new exotic products are transparent and enable a clear understanding of the credit-risk profile and counterparties for a particular product. - Providing the ability to roll up or drill down through all data from any perspective - risk, profit and loss, collateral management. - Enabling new, complex structured products to be created without difficult or lengthy modelling work allowing traders to begin trading new instruments quickly and easily. Value and inherent exposure of those instruments is always readily visible, helping to protect institutions against risk.
GoldenSource will be exhibiting at booth #13.
About GoldenSource
GoldenSource makes it easy to manage critical reference and market data.
We offer an integrated Enterprise Data Management (EDM) platform for the
securities and investment management industry.
Our innovative products are designed to create, maintain and distribute a
trusted golden copy. Our unique data model covers all financial instruments,
customers and counterparties, and extends to transactions and positions. The
ability to connect, organise and aggregate trusted information reduces risk,
drives better decisions and helps our customers achieve their goals.
GoldenSource solutions are used by forward-looking banks, brokers, investment
managers and service providers to reconcile tactical departmental goals and
strategic enterprise objectives.
A proven supplier of on premises EDM solutions to the world's largest
financial institutions, GoldenSource also powers managed data services via
the innovative Powered by GoldenSource(TM) program.
For more information, visit: www.thegoldensource.com
Press note: Neil Edelstein is available for press interviews and
briefings while onsite at GARP's Risk Management Convention and Exhibition.
Please contact Laura Zanzal at the information below to coordinate an
interview:
U.S. press office: Metia Inc. Laura Zanzal Tel: +1-917-320-6464 Email: metiagoldensource@metia.com
U.S. press office: Metia Inc., Laura Zanzal, Tel: +1-917-320-6464, Email: metiagoldensource at metia.com
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